Attention to day sales outstanding (DSO) could be the only way through the COVID-19 crisis for many corporations. We look at what treasurers should be focusing on.
The French MNC worked with BNP Paribas – with which it shared the CT award for best payment strategy of 2017 – on streamlining a series of recently acquired entities.
Increasingly, treasurers rely on internal and external systems, and large corporations have expensive, automated TMS. At its heart however is the idea that information means business.
SMEs form the backbone of the Singapore economy and digital solutions are helping them get on top of paperwork. Cafebond.com serves up a prime example.
Banks have been experimenting with Ripple’s technology, which could make payments far more efficient, but a recent report questions whether it can handle larger volumes.
HSBC has launched a receivables reconciliation product for FMCG clients. The British bank is targeting pharma and insurance clients with a similar payments profile next.